StepStone Group Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Transaction-Based Revenues	880	767.01	585.14	497.18	380.26	285.46
Other Revenues	902.76	407.82	126.49	-564.75	984.97	502.25
Revenue	1,783	1,175	711.63	-67.57	1,366	787.72
Revenue Growth (YoY)	54.50%	65.09%	-	-	73.35%	76.38%
Gross Profit	1,783	1,175	711.63	-67.57	1,366	787.72
Selling, General & Admin	182	177.35	167.32	147.16	110.47	48.49
Other Operating Expenses	2,610	1,264	372.54	-214.24	802.7	411.06
Operating Income	-1,009	-266.82	171.77	-0.5	452.36	328.17
Interest Income	170.51	90.14	30.5	-35.35	59.08	16.82
Interest Expense	-17.27	-12.7	-9.33	-4.19	-1.11	-7.36
Other Non-Operating Income (Expense)	-25.21	-32.65	2.46	-1.42	2.25	0.22
Total Non-Operating Income (Expense)	128.03	44.78	23.63	-40.96	60.22	9.68
Pretax Income	-880.88	-222.04	195.4	-41.45	512.58	337.85
Provision for Income Taxes	-144.09	-49.21	27.58	3.82	28.3	23.26
Net Income	-546.53	-179.56	58.09	-18.4	193.89	62.63
Minority Interest in Earnings	-204.46	9.11	127.9	61.27	263.79	251.96
Net Income to Common	-546.53	-179.56	58.09	-18.4	193.89	62.63
Net Income Growth	-	-	-	-	209.55%	-
Shares Outstanding (Basic)	78	71	64	62	53	35
Shares Outstanding (Diluted)	78	71	64	62	53	35
Shares Change (YoY)	13.55%	11.80%	2.81%	17.86%	50.32%	34969150.00%
EPS (Basic)	-6.94	-2.52	0.91	-0.30	3.89	2.11
EPS (Diluted)	-6.94	-2.52	0.91	-0.30	3.84	2.06
EPS Growth	-	-	-	-	86.41%	116.84%
Free Cash Flow	18.64	59.83	141.92	145.56	212.18	148.04
Free Cash Flow Growth	-68.85%	-57.84%	-2.50%	-31.40%	43.32%	127.43%
Free Cash Flow Per Share	0.24	0.84	2.23	2.35	4.04	4.23
Dividends Per Share	1.040	0.930	0.830	0.800	0.440	0.070
Dividend Growth	11.83%	12.05%	3.75%	81.82%	528.57%	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-56.59%	-22.71%	24.14%	0.74%	33.13%	41.66%
Profit Margin	-41.33%	-14.71%	23.58%	67.00%	35.46%	39.94%
FCF Margin	1.05%	5.09%	19.94%	-215.40%	15.54%	18.79%
EBITDA	-963.21	-221.33	219.36	46.95	479.34	333.66
EBITDA Margin	-54.03%	-18.84%	30.82%	-69.47%	35.10%	42.36%
EBIT	-1,009	-266.82	171.77	-0.5	452.36	328.17
EBIT Margin	-56.59%	-22.71%	24.14%	0.74%	33.13%	41.66%
Effective Tax Rate	16.36%	22.16%	14.11%	-9.22%	5.52%	6.88%

Updated Feb 5, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q